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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Apartment buildings
1510 Brighton Ave Grover Beach, CA 93433-1869
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0101769
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
6,608 SF
Lot
0.15 ac (6,723 SF)
Zoning code
R3
APN
060-177-025
UPID
US09-0101769
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.04M
Owner & transaction history
Sunset Terrace Grover Beach LP · 10 yrs held
Sunset Terrace Grover Beach LP
since 2015
7 recorded transactions
Zoning & alternative use
R3 · Grover Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$157 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,008
Tax year 2024
Assessed value
$786,581
Assessed 2024
Previous assessed
$786,581
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$180,867
Assessed improvement
$605,714
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Rooms
28
Bathrooms
7
Total area
6,608 SF
Lot
0.15 ac (6,723 SF)
Zoning code
R3
APN
060-177-025
UPID
US09-0101769
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
R3 · Grover Beach, CA
Zoning R3 · permitted uses
R3 · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
NONE
Rooms
28
Bathrooms
7
Lot
0.15 ac
Current owner
From public records · entity-resolved
Sunset Terrace Grover Beach LP
Entity
Mailing address
PO BOX 648, ORINDA, CA 94563-0583
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
—
Sunset Terrace Grover Beach LP
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Oct 20, 2015
—
Sunset Terrace Grover Beach LP
Sunset Terrace Grover Beach LP
Intrafamily Transfer
related
$3,000,000 · Jpmorgan Chase Bank NA
Jan 27, 2014
—
Sunset Terrace Grover Beach LP
Bcc Corporation
Grant Deed
—
Nov 18, 2013
—
Jl Hirsh & Sons Co
—
Trustees Deed
related
$2,025,000 · Bcc Corp
Jan 23, 2013
$750,000
Bcc Corp
1510 Brighton Avenue LLC
Grant Deed
—
Jan 11, 2013
$750,000
Bcc Corp
1510 Brighton Avenue LLC
Grant Deed
—
Mar 11, 2010
—
1510 Brighton Avenue LLC
—
Deed Of Trust
related
$1,319,000 · San Luis Trust Bank
Dec 18, 2007
—
1510 Brighton Avenue LLC
Ramirez,gabriel & Mary
Grant Deed
$1,647,500 · San Luis Trust Bank
May 27, 2005
$1,410,000
Gabriel Ramirez
Griffin Family Trust
Grant Deed
$1,057,000 · San Luis Trust Bank
Oct 19, 2001
$760,000
Griffin Trust
Concord Investments LLC
Grant Deed
—
Aug 1, 1996
$1,210,000
Concord Investment LLC
Fidler Trust
Grant Deed
$900,000 · Seller
—
—
1510 Brighton Avenue LLC
—
Deed Of Trust
related
—
—
—
1510 Brighton Avenue LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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